Updated: March 2026

Gas Utility

Piedmont Natural Gas

Commercial rate guide for Piedmont โ€” Natural gas distribution in North Carolina (Charlotte, Raleigh), South Carolina (Greenville, Spartanburg), and Tennessee (Nashville). A Duke Energy subsidiary serving approximately 1.1 million customers.

NCSCTN

Rate Overview

Avg Commercial Rate
$1.05per kWh
Service Type
Gas
Supply Choice
Not Available

Rate Structure

General commercial service with customer charge and volumetric rate per therm. Large volume commercial service with declining block rates. Cost of gas adjustment applied monthly.

Recent Rate Changes

Rising

3.7% rate increase in North Carolina effective November 2025; 4.1% in Tennessee

3.7% rate increase in North Carolina effective November 2025; 4.1% in Tennessee effective January 2026

Common Billing Issues

Property managers with Piedmont accounts frequently encounter these billing challenges:

Cost of gas adjustment causing winter bill spikes

Integrity management rider charges as new line items

Different rate structures across three state jurisdictions

Billing period variations causing inconsistent monthly comparisons

Deregulation & Supply Choice

Regulated Market

The utility is the sole provider in this service territory.

โœ—No competitive supply choice

Natural gas distribution is regulated in all Piedmont Natural Gas service territories. Piedmont is a subsidiary of Duke Energy.

Pending Rate Filings

๐Ÿ“‹

Integrity management rider filing pending before NC Utilities Commission for pipeline safety investments

Cities Served

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Other Utility Providers

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